Micron – To The Penny
On the 22nd of December, I gave a heads-up about shorting Micron if it got close to its gap. Specifically, I said I’m going to be watching this, because if it can stay below (or at least not far above) 23.66, it may be a very interesting new short based on its gap closure. So how high did it get? 23.64.
so………
Disclosure: None.
Given the risks inherent in shorting, it would be nice to see more than a chart analysis. Is the stock over/undervalued? Are earnings deteriorating?